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401-420 of 535
Ramba should cross 60c tomorrow.
bought 530 , stop loss 495
Up for the past 2 sessions.Profit taking today.
Shortists may push down to 48c before the spike up/news.
BB vs shortish.Big tug of war ongoing.
nice call to cut at almost the low 0.54 now 0.57........LOL
kelvinLim123 ( Date: 13-Jun-2013 14:18) Posted:
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trading got to keep losses small, it is not how many losses, it is the amount of losses.
you cannot win every trade,
hope u didn't buy too much amplefield
ace333 ( Date: 13-Jun-2013 14:20) Posted:
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LOL....
kelvinLim123 ( Date: 13-Jun-2013 14:18) Posted:
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nobody will stick out their neck,
I say cut.
stevenlim109 ( Date: 13-Jun-2013 14:12) Posted:
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heavy drop ! i brought at 0.61, should i cut?
Just a qn then- can it then be a case whereby they would wanna push the price to above the offer price and then reject the general offer from the buyer ? It seems like they are putting out "good" news all these while about new discovery and devt in their field.... And if u do observe the trade during the huge buy-up, there were a couple of big purchase of 2000 and 1000 lots ... At 75-77 cents, only millionaires can do this! :)
It's 50% 50% unless you have insider news. What will happen if the buyer rejects? Vice versa. Jubilee is one recent close example. Not vested. Good luck to those vested!
This Ramba will either close strongly above 0.7 and we holders stand a chance for further upside even starting tml or will drop below 0.6 for a roller coaster ride.. Just MHO:) feel that someone is pushing up this, so see u at 0.70:)
Heavy drop.Support maybe at 60c bah.
Ramba Energy Limited said on Thursday that its major shareholder, Edward Seky Soeryadjaya, has been approached by a potential buyer keen on a 51 per cent of Ramba.
The possible offer would be via a voluntary conditional cash partial offer at an indicative price of between S$0.60 to S$0.70 a share. It is conditional on the approval of the Securities Industry Council of Singapore as well as due diligence conducted, amongst others.
" As at the date of this announcement, Mr Soeryadjaya has not made a firm decision on whether to pursue the Possible Offer,'' Ramba said.
In SGX's queries on Ramba's recent trading activity, the company added that Mr Soeryadjaya has also been in discussion with a potential buyer for all his shares and those in concert.
Quarterly review for watch list or good news in Jitirarangon?
RAMBA is under the SGX WATCHLIST.
So they have to do whatever they can to show PROFIT to SGX.
All the best to them and the shareholders
Cheers.
Given the recent corp action..... it will likely to be positive.....
cycy818 ( Date: 05-Jun-2013 13:05) Posted:
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why halted so long...? good or bad news just anounce....
i am thinking what else it could be??
private placement ...possible but it wd be at least 0.55 or 0.58 level because mgt also bgt recently at this level. But i think highly unlikely because they just appted Rothchild for financial advice ...so whats the point of private placement now that may go against the vein of the strategic review? Unless Rothchild got no better idea currently other than pulling in big time investor. That in itself is positive and may give visibility to the company that it has elevate itself from penny stock status.
Ramba do need somemore cash if they are planning to go into oil production but I think they do not plan to go into oil production as that is a tedious process and i do not think its a high margin business having to hedge themselves against oil and gas prices plus they have thin experience in the production area. I think Ramba wants to find a buyer for those 2 wells they found ...they want to max shareholder value as they say and continue their exploration activities for lembang block. But frankly its too soon as their rothchild announcement was only fairly recent and I think its a long process to find a buyer for the 2 oil well.
Playing the devil advocate here...but I think whatever announcement it will only be positive...so for those shortists...get out quick because Ramba is no longer a penny play but establishing themselves as a good company with strong fundamentals on its way to above $1.
Brenocav...congrats for staying on the course!! Was worried tt you may have pulled out earlier
This is completely normal/expected for E&P company in the early stages as exploratory drilling is very cpital intensive and you will only see the results further, sometimes much further down the line.
tankuku ( Date: 04-Jun-2013 05:48) Posted:
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